Buhari Seeks Senate’s Approval For $5.5bn Loan

The President, Muhammadu Buhari, has asked the Senate to approve a loan of $5.5 billion to fund the 2017 budget.
His request was contained in a letter read by the Senate President, Dr. Bukola Saraki, at the plenary on Tuesday.
The President also said that the 2017 budget had a deficit of N2.356 trillion.